November 18, 2013 8:16 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
In a report published Monday, Nomura analyst Shannon O'Callaghan reiterated a Neutral rating on
General Electric Company (NYSE: GE), and raised the price target from $23.00 to $27.00.In the report, Nomura noted, “This last big step to reset GE Capital is something we first suggested in May 2012 as a way to remix GE's earnings, so it has been a long wait, but it is finally here. Completing the remix will take time and EPS growth is expected to be single digits in 2014-15, but resetting GE's earnings mix and earnings base were necessary steps in our view. As a result of the Retail exit as well as lower expected gains in the Real Estate equity book, GE Capital's earnings are expected to decline to ~$7B in 2014 and ~$5B in 2015. We raise our price target to $27 based on 17x our 2014 GAAP-pension EPS estimate.”General Electric Company closed on Friday at $27.20.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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